Sterling & Wilson secures 1,000 MWhr BESS project in India

A significant contract is awarded to Sterling and Wilson Renewable Energy Limited for the largest 1,000 MWhr battery energy storage system in Rajasthan, India.

Leading domestic renewable energy project construction and engineering company Sterling and Wilson Renewable Energy Limited (SWREL; BSE Scrip Code: 542760; NSE Symbol: SWSOLAR) is pleased to announce that it is being awarded a prestigious order for the engineering, design, procurement, erection, testing, and commissioning of a 500 x 2 (1,000 MWhr) standalone BESS plant in Rajasthan, India.
This GWhr-scale project, which will be completed by 2025, is currently India’s largest battery energy storage (BESS) project and one of the few GWhr-scale projects in a single place worldwide.

As of March 2024, India’s entire installed capacity for BESS is a mere 219 MWhr. The Central Electricity Authority’s (CEA) National Electricity Plan (NEP) 2023 projects that in 2026–2027, the required energy storage capacity will be 82.37 GWh (47.65 GWh from PSP and 34.72 GWh from BESS). As a result of this order, SWREL will take the lead in the rapidly expanding BESS market in India.

The exact same customer additionally provided the business a 20 MW floating solar project in Karnataka, making it the third such project the company is now working on in the nation.

“As we have seen during the last 12 to 18 months, there have been multiple tenders, bids, and projects for either standalone Storage or Hybrid (Renewable + Storage) in India, making it a very important step for us as a Company and for the nation to move towards firm dispatchable renewable power,” says Amit Jain, global CEO of Sterling & Wilson Renewable Energy Group, in reference to the order win. We are respected by having been selected as the project’s preferred EPC partner. This major milestone will impact not just our company’s portfolio but also our nation as a whole.

This victory gives us a significant advantage in the solar and storage market, which is anticipated to grow rapidly in the near future. It also highlights our internal strengths and expertise of energy storage as well as engineering and execution. This demonstrates our dedication to being more adaptable and being ahead of the curve and the competition, guaranteeing our position as one of the leading renewable energy procurement companies in this industry,” he says.

For more details , Visit : http://www.sterlingandwilsonre.com

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